I'll be sticking with a running bowline and a marl thank you very much.
Yep, although I generally prefer a timber hitch behind that "marl".
If you are tying to a rigid, immobile post/branch/whatever, feel free to use the tensionless hitch. Just make sure that it can take whatever torque you will be applying with the rope.
If you think for a moment that it is tensionless once it is a heavy branch hanging on a rope, then you are mistaken. It will unwind until the carabiner end is carrying 50% of the load, exactly what you were trying to avoid. Whoever told you that the tensionless hitch should be used to lower branches was ill-informed and not to bright about physics, either. Twenty wraps wouldn't change the 50% load on the carabiner if it is on a hanging branch.
The tensionless hitch only works because it is converting the line tension into a force perpendicular to the radius of the circular structure it is tied to, thereby applying a large amount of torque to the post it is tied to.
Example: you intend to tie-off a 1000lb load to a one foot diameter post. You will be applying 1000 foot-pounds of torque to the post, potentially screwing it loose in the ground.
I tied just such a knot on a walnut tree once when I was using my 3/8" Amsteel rope on the crane-winch to pull it out of the mud-pit it was stuck in. What happened was that we stripped all the bark off a 14" diameter tree at every point that the rope was touching the tree: 7 full wraps. It took 12 wraps before we could hold the load applied by the winch, and we killed the tree in the process.
Needless to say, our customer was not pleased.